Luke Was Selected for the Post of Junior Manager in a Five-Star

question 33

Multiple Choice

Luke was selected for the post of junior manager in a five-star hotel. The employer's application for employment contained a Dispute Resolution Agreement requiring employees to submit all employment disputes to binding arbitration. Applicants who refused to sign the Dispute Resolution Agreement were not hired. Such an agreement is:

• A)not enforceable under the FAA, as held by the district court.
• B)not enforceable under the FAA, as held by the Supreme court.
• C)enforceable under the FAA , as held by the Supreme court.
• D)enforceable under the FAA, as held by the district court.

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Definitions:

Rate Of Return

The rise or fall experienced by an investment over a chosen time frame, expressed as a fraction of the cost at which the investment was made.

Future Dividends

Future dividends refer to the dividends that a company plans to pay out to its shareholders in the future, based on its earnings and dividend policy.

Annual Dividend

The total amount of dividend payments a company makes to its shareholders in a year.

Required Return

The minimum profit or yield that an investor expects to receive on an investment, considering the risk involved.